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Commissioner outlines SEA 1 impacts, local tax changes and a projected $50.4 million county transfer
Summary
A commissioner presented a Baker Tilly comprehensive financial plan and said SEA 1 and upcoming local income tax structure changes could lead to nearly $50.4 million flowing to the county general fund when tax arrangements change in 2028; he described possible rate caps and timing for 2027–28 implementation.
A county commissioner told the board that the county's comprehensive financial plan — prepared by Baker Tilly — shows significant implications from SEA 1 and upcoming shifts in local income tax structure, including an anticipated transfer of nearly $50,400,000 to the county general fund when taxes are realigned.
"The county just got…
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